2706 N Wedgewood Dr, Hobbs, NM, 88240
About This Home
This spacious 5-bedroom, 3-bathroom home in North Hobbs offers plenty of room for comfortable living and entertaining. Featuring a functional layout, the home includes a welcoming living area, a well-sized kitchen, and generous bedrooms with ample storage. The primary suite provides added privacy, while additional rooms offer flexibility for guests, an office, or hobbies. Situated on a sizable lot, the backyard is perfect for outdoor gatherings or relaxing evenings. Conveniently located near schools, shopping, and dining, this home combines space, comfort, and a great location.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2019
Materials
- Roof: Shingle
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Microwave,Free-Standing Range
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Features
- Flooring: Carpet,Tile
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 2,930
- Total interior livable area: 2,930 sqft
Master Bathroom
- Features: Double Sinks
Property
Details
- Parcel number: 4980501121302
Features
- Levels: Two
- Stories: 2
Lot
- Lot size: 8,071 sqft
- Lot size dimensions: 69 x 117
Parking
- Total spaces: 2
- Parking features: Attached
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Lightning
- Cold Wave
- Hail
- Strong Wind
- Wildfire
- Winter Weather
- Heat Wave
- Ice Storm
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters in Lea County and New Mexico
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,578 | $30,936 |
| Home Insurance * | $523 | $6,276 |
| Property Taxes | $221 | $2,652 |
| Electricity | $208 | $2,499 |
| Total | $3,530 | $42,360 |
Income You'd Need if You Spent...
New Mexico FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-18 | Listed for sale | $515,000 |
| 2019-09-13 | Sold | -- |
| 2019-06-14 | Listing removed | $353,005 |
| 2019-03-11 | Listed for sale | $353,005 |
For Sale by Agent
View on Zillow